Gold steadies as traders assess outlook for US interest rates
Gold has surged by more 50% this year, hitting a record in October before losing…
Mcap of 6 of top-10 most valued firms drops nearly by ₹65,000 crore; Bharti Airtel biggest laggard
File photo of Bharti Airtel Office | Photo Credit: Reuters The combined market valuation of six of the top-10 most valued firms declined by ₹64,734.46 crore in a holiday-shortened last week, with Bharti Airtel taking the biggest hit, reflecting the broader weakness in the equities market. Last week, the BSE benchmark Sensex declined 263.67 points,…
Iran Israel War: Moody’s cuts India’s FY27 GDP growth estimates to 6% amid West Asia conflict
Moody’s Ratings has slashed India’s economic growth estimates for the current fiscal to 6% from 6.8% earlier, saying the ongoing conflict in West Asia will moderate growth momentum and raise inflation risks. In its credit opinion report on India, Moody’s said prolonged disruptions, particularly LPG shipments due to the conflict, would lead to near-term household…
Iran war starts pinching U.S.; gas prices, transport costs surge
A fuel price sign at a gas station during a gas giveaway event whereby Chicago businessman Willie Wilson has pledged to give away $200,000 in free gas at 30 stations across Chicago, its suburbs, and northwest Indiana, in Chicago, Illinois. | Photo Credit: Reuters The war against Iran has started to impact Americans, with Amazon…
India procuring Iranian crude, diversion of cargo not because of payment issue: Govt clarifies
Albeit dismissing news reports about Iranian crude being diverted from Indian shores because of payment issues, the Ministry of Petroleum and Natural Gas (MoPNG) informed that Indian refiners are indeed purchasing Iranian crude. | Photo Credit: Getty Images/iStockphoto Albeit dismissing news reports about Iranian crude being diverted from Indian shores because of payment issues, the…
Patented drug tariffs: India more or less shielded, says GTRI
This image is used for representational purposes only. | Photo Credit: Getty Images/iStockphoto India is unlikely to be significantly impacted by U.S. President Donald Trump’s announcement of 100% tariffs on certain patented drugs, as the country primarily exports low-cost generic medicines to America, think tank GTRI said on Friday (April 3, 2026). Mr. Trump signed…
IndianOil says LPG supply stable, warns against panic booking amid global tensions
The company said it is delivering around 28 lakh LPG cylinders daily, in line with normal levels prior to the current tensions, with uninterrupted supply to households. File. | Photo Credit: NAGARA GOPAL Indian Oil Corporation (IOC), the nation’s biggest oil firm, on Friday (April 3, 2026) said liquefied petroleum gas (LPG) supply in India…
Exports during 2025-26 to record positive growth despite global challenges: Official
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto India’s exports have sustained healthy momentum despite global headwinds and are expected to post positive growth in 2025-26, a senior official of the Commerce Ministry said on Friday (April 3, 2026). The exports and imports data for the month of March and the full…
Silver slumps ₹9,000, gold declines ₹3,500 on weak global trends
Spot gold ended the sharp surge of three sessions on Thursday. Silver prices fell sharply by ₹9,000 to ₹2.37 lakh per kilogram in the national capital on Thursday, while gold declined ₹3,500 to ₹1.51 lakh per 10 grams amid a bearish sentiment in the domestic market. According to the All India Sarafa Association, the white…
Hyundai Motor flags export disruptions as West Asia conflict hits shipping
Hyundai Motor is pictured at Pyeongtaek port in Pyeongtaek. Image used for representation purpose only. File | Photo Credit: Reuters Hyundai Motor said on Friday (April 3, 2026) that exports to Europe and North Africa, which typically transit through the West Asia, were being disrupted by the conflict in the region, underscoring growing strains on…
